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A firm is worth $1,400, has a 35% tax rate, total debt of $600, an unlevered return of 15%, and a cost of debt of

A firm is worth $1,400, has a 35% tax rate, total debt of $600, an unlevered return of 15%, and a cost of debt of 9%. What is the cost of equity? 12.07% 16.67% 17.93% 18.75% 20.20%

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